VBE (Veteran Business Enterprise)
A Veteran Business Enterprise (VBE) is a procurement designation that identifies businesses that are owned or controlled by veterans. It includes service-disabled veteran-owned businesses, veteran-owned businesses, and companies owned by veterans in the reservist component of the U.S. military. The designation ensures that these businesses have access to federal contracts and other opportunities to support their growth. VBEs must meet certain criteria such as ownership structure, size requirements, and operation type in order to be considered a legitimate VBE. Companies approved for the designation can take advantage of financial support programs, contract preferences, and more. By promoting Veteran Business Enterprises, the government seeks to strengthen our economy while providing much-needed job security assurance for our veterans.